Have your own idea? Try our Stock Screener
Australian (ASX) Gold Industry Analysis
UpdatedMar 01, 2026
DataAggregated Company Financials
Companies151
- 7D7.7%
- 3M24.5%
- 1Y120.5%
- YTDn/a
Over the last 7 days, the Gold industry has risen 7.7%, driven by gains in Evolution Mining and Northern Star Resources of 10% and 6.9%, respectively. This means that the industry has gained 120% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 01 Mar 2026 | AU$193.4b | AU$31.0b | AU$6.1b | 28x | 31.5x | 6.2x |
| Tue, 27 Jan 2026 | AU$187.0b | AU$26.3b | AU$4.6b | 29.4x | 41x | 7.1x |
| Thu, 25 Dec 2025 | AU$167.4b | AU$26.4b | AU$4.6b | 28.4x | 36.6x | 6.3x |
| Sat, 22 Nov 2025 | AU$141.9b | AU$26.5b | AU$4.6b | 23.4x | 31x | 5.4x |
| Mon, 20 Oct 2025 | AU$153.8b | AU$26.4b | AU$4.6b | 25.5x | 33.5x | 5.8x |
| Wed, 17 Sep 2025 | AU$127.1b | AU$26.8b | AU$4.8b | 18.1x | 26.3x | 4.7x |
| Fri, 15 Aug 2025 | AU$104.8b | AU$22.8b | AU$3.4b | 18.1x | 30.6x | 4.6x |
| Sun, 13 Jul 2025 | AU$96.6b | AU$22.2b | AU$3.1b | 17.1x | 31.2x | 4.4x |
| Tue, 10 Jun 2025 | AU$107.7b | AU$22.3b | AU$3.1b | 21.4x | 34.9x | 4.8x |
| Thu, 08 May 2025 | AU$95.8b | AU$22.1b | AU$3.0b | 17.2x | 31.8x | 4.3x |
| Sat, 05 Apr 2025 | AU$84.8b | AU$22.3b | AU$3.1b | 17.2x | 27.7x | 3.8x |
| Mon, 03 Mar 2025 | AU$76.4b | AU$22.0b | AU$3.0b | 17.8x | 25.9x | 3.5x |
| Wed, 29 Jan 2025 | AU$76.3b | AU$18.7b | AU$1.8b | 20.8x | 41.8x | 4.1x |
| Fri, 27 Dec 2024 | AU$69.5b | AU$18.7b | AU$1.8b | 21.3x | 37.6x | 3.7x |
| Sun, 24 Nov 2024 | AU$74.0b | AU$18.6b | AU$1.8b | 20x | 41x | 4x |
| Tue, 22 Oct 2024 | AU$78.3b | AU$18.4b | AU$1.8b | 23.6x | 43.6x | 4.3x |
| Thu, 19 Sep 2024 | AU$66.9b | AU$18.3b | AU$1.6b | 21.1x | 41.5x | 3.7x |
| Sat, 17 Aug 2024 | AU$62.4b | AU$16.8b | AU$1.4b | 21.5x | 45.8x | 3.7x |
| Mon, 15 Jul 2024 | AU$61.0b | AU$16.0b | AU$1.1b | 23.5x | 57x | 3.8x |
| Wed, 12 Jun 2024 | AU$60.3b | AU$16.9b | AU$1.2b | 20.4x | 50.9x | 3.6x |
| Fri, 10 May 2024 | AU$57.5b | AU$17.1b | AU$1.2b | 20.9x | 48.2x | 3.4x |
| Sun, 07 Apr 2024 | AU$57.9b | AU$17.1b | AU$1.2b | 20.9x | 48.6x | 3.4x |
| Tue, 05 Mar 2024 | AU$51.3b | AU$16.5b | AU$1.2b | 17.1x | 43.9x | 3.1x |
| Thu, 01 Feb 2024 | AU$73.0b | AU$22.9b | AU$1.3b | 20.7x | 54.3x | 3.2x |
| Sat, 30 Dec 2023 | AU$76.6b | AU$22.9b | AU$1.3b | 26.1x | 57x | 3.3x |
| Mon, 27 Nov 2023 | AU$70.9b | AU$22.9b | AU$1.4b | 21.4x | 52.5x | 3.1x |
| Wed, 25 Oct 2023 | AU$71.4b | AU$23.0b | AU$1.4b | 23.9x | 52.2x | 3.1x |
| Fri, 22 Sep 2023 | AU$69.9b | AU$22.9b | AU$1.3b | 19.7x | 51.9x | 3x |
| Sun, 20 Aug 2023 | AU$65.7b | AU$22.4b | AU$291.0m | 17x | 225.8x | 2.9x |
| Tue, 18 Jul 2023 | AU$74.8b | AU$22.1b | AU$523.4m | 17.4x | 143x | 3.4x |
| Thu, 15 Jun 2023 | AU$69.5b | AU$22.2b | AU$554.5m | 17.4x | 125.4x | 3.1x |
| Sat, 13 May 2023 | AU$74.1b | AU$22.3b | AU$575.2m | 19.2x | 128.8x | 3.3x |
| Mon, 10 Apr 2023 | AU$74.4b | AU$22.3b | AU$571.2m | 17.1x | 130.2x | 3.3x |
| Wed, 08 Mar 2023 | AU$63.4b | AU$22.3b | AU$596.3m | 17.6x | 106.4x | 2.8x |
Price to Earnings Ratio
106.4x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.5x which is lower than its 3-year average PE of 61.2x.
- The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 118% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | 1.40% | |
| Materials | 7.99% | |
| Metals and Mining | 8.60% | |
| Gold | 7.75% | |
| Silver | 15.51% | |
| Diversified Metals and Mining | 10.05% | |
| Copper | 7.28% | |
| Precious Metals and Minerals | 6.80% | |
| Steel | 4.00% | |
| Aluminum | 1.26% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EVN Evolution Mining | AU$16.58 | 10.2% +AU$3.1b | 172.2% | PE25.4x | |
| NST Northern Star Resources | AU$30.28 | 6.9% +AU$2.8b | 76.5% | PE28x | |
| RRL Regis Resources | AU$9.44 | 11.5% +AU$734.5m | 195.0% | PE14.6x | |
| CMM Capricorn Metals | AU$14.72 | 10.7% +AU$648.4m | 94.2% | PE29x | |
| GMD Genesis Minerals | AU$7.43 | 8.2% +AU$639.7m | 133.6% | PE21.2x |
